TABLE 1 - Percentage of Accident Cases with Total Ship Loss for Different Types of Accidents,, Accident type,Description,Percentage of accident cases with total ship loss Grounding,Touching of the sea bottom or underwater wrecks for a significant period of time,9.50% Contact,"Striking an external surface substance (not another ship) such as drilling rigs or platforms, etc.",2.60% Collision,"Striking another ship, regardless of whether underway, anchored, or moored",7.40% Fire/explosion,"Fire or explosion, regardless of the cause",14.20% Hull/machinery damage,Any case of hull/machinery damage or failure,6.40%